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Dec 5, 2013
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do you file separate tax returns? >> yes, they all file separate tax returns. >> are you allowed if you have the loss on your tradelogic business your small software business versus your restaurant can you write that loss off against your restauranrestauran t? >> they are all separate. >> what happened to business aggregation? >> there is a significant administrative burden. >> effectively what we are seeing is a policy to be able to force you to be able to provide that health care. has that impacted your ability to create jobs? >> yes. >> we just heard comment that there is no data and i will quote that again. there is no data that small businesses are not hiring is a result of the implementation of the presence affordable care at, no effect on job hiring. is that your experience? >> no, it is not. >> anyone else to -- was to comment? >> no, it's not. >> businesses aren't hiring because of the affordable care act? >> i believe it's draining resources from the companies that would otherwise grow the businesses. >> ver
do you file separate tax returns? >> yes, they all file separate tax returns. >> are you allowed if you have the loss on your tradelogic business your small software business versus your restaurant can you write that loss off against your restauranrestauran t? >> they are all separate. >> what happened to business aggregation? >> there is a significant administrative burden. >> effectively what we are seeing is a policy to be able to force you to be able to...
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Dec 7, 2013
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because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >> thank you mr. chairman. mr. lazarus, professor rosenkranz has written in "the wall street journal" op-ed pieces abraham lincoln wouldn't approve of the delay and the employer mandate and can extend the habeas corpus. can you comment on the claim that they would disapprove and what about the conscientious decision of habeas corpus by lincoln? >> i read it up with some amusement. i think president lincoln would chuckle between suspending the writ of habeas corpus and the most fundamental guarantee freedom in the whole system is a temporary delay in the implementation of regulation as a part of a very complex
because those tax credits will trigger tax penalties on employers and individuals in those 34 states that have established the exchange and a number of those employers and individuals including the two states attorneys general in the 15 indiana school districts and a dozen or more private employers and private citizens have filed suit. one of them will have disasters that here in washington dc said there is a remedy for some of these abuses. >> thank you director. i yield back. >>...
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Dec 4, 2013
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because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> ok, good. thank you, director cannon. thank you, mr. chairman, yield back. >> chair now recognizes the gentleman from new york. mr. nadler. five minutes. >> thank you, mr. chairman. professor rosenkranz has written in the "wall street journal" an op-ed piece abraham lincoln would not approve to have delay in the employer mandate. would you comment on that, that lincoln would disapprove? >> i read that article with some amusement, i have to say, professor rosenkranz. i think that president lincoln would chuckle at the notion that there is an equation between suspending the writ of habeas corpus with a tempo
because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> ok,...
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Dec 6, 2013
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>> in a pure market there would be no tax subsidies, but many of the resources in the market have tax subsidies of one sort or another that are not taken into account in the marketplace. >> commissioner, you are up. >> to echo the comments i agree any tax implication is going to affect and open marketplace. having said that, i am concerned that some of the nuclear facilities that have been closing were looking at retiring because of the pricing is a concern for me because the long-term stability of those with baseload fuel and plans in the system is important. >> we need those. commissioner clark. >> i would agree for the reasons that you have identified created is a decision for congress to make. but clearly it does have a market distorting impact especially in very wind rich parts of the country and certain times of the day. >> one final question. following on my colleagues from mr. green blank question about the grid of liability passed in congress. is everyone still agree that it's bad policy to trap companies between two different regulators with different goals during the power
>> in a pure market there would be no tax subsidies, but many of the resources in the market have tax subsidies of one sort or another that are not taken into account in the marketplace. >> commissioner, you are up. >> to echo the comments i agree any tax implication is going to affect and open marketplace. having said that, i am concerned that some of the nuclear facilities that have been closing were looking at retiring because of the pricing is a concern for me because the...
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Dec 10, 2013
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with regard to a flat tax, we really must reform the tax code. we're letting a lot of extraordinarily wealthy people get off the hook by, you know, sending their money overseas. i think we saw i a presidential candidate that did that the last election. that's not right. that's not fair. the problem with the flat tax is somebody that's making a million or several million dollars a year would be paying the same rate as somebody that's digging a ditch. for $10 or $7.50 an hour. that's not really fair. it has to have some progressivity in it. but clearly, we need to simplify the code. clearly, we need to end the kind of loopholes that allow both corporations -- some of the largest corporations in america literally pay no tax at all, that's wrong. and individuals are able to avoid their taxes by all kinds of loopholes and various schemes, offshoring their money and the like. all of that should end. we all have a responsibility for this nation, and part of that responsibility is to help pay for it in a fair and appropriate way. with regard to campaign
with regard to a flat tax, we really must reform the tax code. we're letting a lot of extraordinarily wealthy people get off the hook by, you know, sending their money overseas. i think we saw i a presidential candidate that did that the last election. that's not right. that's not fair. the problem with the flat tax is somebody that's making a million or several million dollars a year would be paying the same rate as somebody that's digging a ditch. for $10 or $7.50 an hour. that's not really...
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Dec 5, 2013
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near to date has been through a tax cap. a lot of other budget cuts. the things that teachers actually need to do, work together, use the standard as a guideline on a straitjacket, have curriculum, method not happen. in a couple places it did, in a lot of places it did not. the big mistake that both the federal government made and other people -- king would say to you, i was sick and tired of telling people what to do and then not doing it. that is not your job to tell people what to do. your job is to help navigate people through this again actual ship. consequently, last year, new york, there were elementary schools these tests. a lot of people were not prepared. the question is, how did they actually know the exact number? it creates teachers draft. you can actually figure out what the cut scores were and how to align it. between the lack of preparation for teachers, the lack of communication with parents, and the sense that you are using the data, using the kids' data, and you know exactly where the scores will come in. this year, what has happened
near to date has been through a tax cap. a lot of other budget cuts. the things that teachers actually need to do, work together, use the standard as a guideline on a straitjacket, have curriculum, method not happen. in a couple places it did, in a lot of places it did not. the big mistake that both the federal government made and other people -- king would say to you, i was sick and tired of telling people what to do and then not doing it. that is not your job to tell people what to do. your...
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Dec 2, 2013
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system and leveraging this idea of refundable tax credit would be a new entrepreneur tax credit. we put this idea out, it's the idea that there would be some refundable credit even for limited by age of your business or limiting the amount. nebraska has a model of this policy that we can build on. that would have the opportunity to incentivize a lot of folks to do so employment to get over the. i think the other thing is referencing the current tax incentives, refundable tax credits that you help a lot of small business owners. the eitc even though its focus on low-wage workers comp the fact is your self-employment income comes for the. answer but i think in 2007, 6 million individuals who filed a schedule c. actual reported some self-appointed earnings. and a pretty large portion, most of income from self-employment. there's a whole number of programs that come out of the iris that supports volunteer income tax assistance, that support helping individuals to navigate the tax system. right now there's a pie that were a small number of those sites are able to help low income entre
system and leveraging this idea of refundable tax credit would be a new entrepreneur tax credit. we put this idea out, it's the idea that there would be some refundable credit even for limited by age of your business or limiting the amount. nebraska has a model of this policy that we can build on. that would have the opportunity to incentivize a lot of folks to do so employment to get over the. i think the other thing is referencing the current tax incentives, refundable tax credits that you...
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Dec 4, 2013
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that means simplifying our corporate tax tax code in a way that closes wasteful loopholes, ends incentives to ship jobs overseas -- [applause] by broadening the base we can lower rates to encourage more companies to hire and use some of the money we save to create the jobs rebuilding our roads, bridges and airports and all the infrastructure in our businesses it means a trade agenda but rose exports and works for the middle class. been streamlining regulations that are outdated or unnecessary enemies coming together around a responsible budget one that grows our economy faster right now and treats her long-term deficits, one that and wines sequester cuts that haven't made a lot of sense. [applause] and then frees up resources to invest in things like scientific research that has always unleashed new innovation in new industry. when it comes to our budget we should not get stuck in a stale debate from two or three years ago. a relentlessly growing deficit of opportunity is a bigger threat to our future than a rapidly shrinking fiscal deficit [applause] so, that is step one towards restoring
that means simplifying our corporate tax tax code in a way that closes wasteful loopholes, ends incentives to ship jobs overseas -- [applause] by broadening the base we can lower rates to encourage more companies to hire and use some of the money we save to create the jobs rebuilding our roads, bridges and airports and all the infrastructure in our businesses it means a trade agenda but rose exports and works for the middle class. been streamlining regulations that are outdated or unnecessary...
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Dec 6, 2013
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and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job yet like there's something wrong with you. that's where i would have been. >> thank you. >> i have no questions, but i would like to let you all know that for a period of about three months, i was unemployed -- this was back many years ago. it was really during, between school -- it was summer break. i'm used to working and i could not find a job that summer, the whole summer. i can't tell you how -- i can tell you but i'm sure your feelings about being unemployed and searching for work and being unable to find anything, the effect that has on you mentally is just very -- yo
and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job...
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Dec 5, 2013
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tax purposes. so keep that in mind. part of the problem is the practical access to the insurance coverage which the law, unfortunately, does not guarantee for the small employers. are there planning opportunities? yes. do we see smaller employers trying to use those to avoid compliance with the law? not yet. and i think part of the lack of awareness is also a little bit of a reaction to the delays that have occurred. the employers believe that there have been delays and that those delays will continue. for smaller businesses, there is a sentiment that the rules for the large employers were delayed, which they were until 2015. however, for the smaller businesses, they've already felt, many of them, the brunt of the very expensive renewals this year. of our clients that were offered an early renewal option to renew their policy this december and to delay the cost impacts of health reform, in vvariably the have taken that offer if the carrier has extended it. they have basically kicked the issue down the road for another y
tax purposes. so keep that in mind. part of the problem is the practical access to the insurance coverage which the law, unfortunately, does not guarantee for the small employers. are there planning opportunities? yes. do we see smaller employers trying to use those to avoid compliance with the law? not yet. and i think part of the lack of awareness is also a little bit of a reaction to the delays that have occurred. the employers believe that there have been delays and that those delays will...
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this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new power construction in texas, our public utility commissioner, chairwoman nelson have said, this is a quote, the market distortions caused by renewable energy incentives are one of the primary causes, the distortion makes it difficult for other generation text recover the costs and discourages investment in new generation. and while the ptc isn't the only driver of market distortions, it is a significant force. so start with you, comissioner moeller, do you agree incentives for renewables distort markets? >> congressman, i think all subsidies distort ma
this tax credit was designed to kickstart renewables. and yet, it lives on despite wind up being a major part of the great. at least 12% in my home state of texas capacity coming from wind. but some markets have seen quoted in quote prices as though negative $41. per megawatt hour as operators get the credit and run whether power is needed or not. now granted, that's an extreme example but they can sell for a loss and taxpayers make them whole. that moves markets. back home our lack of new...
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Dec 9, 2013
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are not willing to cut medicaid, and republicans are not willing to do tax hikes. paul ryan and patty murray basically decided that they were not going to go after the sacred cow of the other party. they were just going to it something that was possible, and they decided by looking at all these failed attempts in the past, we will not go there. we will do something that is much smaller, but doable. host: we are talking with ian swanson. there will still be a big budget debate in early 2014. what does that look like? will: one thing this deal not do is it will not raise the debt ceiling. at some point exterior they will have to do that. it is a legal -- little difficult to forecast when it will be, in part because the economy is starting to behave more strongly and as a result that extends the time in which the treasury department can do things. they call them extraordinary measures, to prevent hungers from having to raise the debt ceiling. at some point in time congress will have to do that. the earliest is february, but much more likely that it is sometime close t
are not willing to cut medicaid, and republicans are not willing to do tax hikes. paul ryan and patty murray basically decided that they were not going to go after the sacred cow of the other party. they were just going to it something that was possible, and they decided by looking at all these failed attempts in the past, we will not go there. we will do something that is much smaller, but doable. host: we are talking with ian swanson. there will still be a big budget debate in early 2014....
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Dec 5, 2013
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the third, the implications of 1 tax that will affect many ma plans and further act as pressure on the ability to provide benefits. the fourth, the recent provideent that cms changes for medicare advantage plans. the result of the changes are inevitable. the first will be fewer plans. from 60 to 140 fewer plans and 2014. there are reports of 10,000 cancellation notices in ohio. 50,000 in new jersey. these all represent further the pledge that if you like your health insurance, you can keep it under the affordable care act. by 2019 when the cuts are fully implemented. and these reductions are disproportionately borne by low-income americans. estimates are 75% of the impact hit to those making less than $34,200. the next step for the plans that do survive is to pass along these reductions in the form of either higher cost sharing or benefits or more limited networks that provide benefits with fewer choices. these are not the voluntary decisions of insurers. they are the consequence of the law that limits their ability to provide options to beneficiari beneficiaries. going forward, i woul
the third, the implications of 1 tax that will affect many ma plans and further act as pressure on the ability to provide benefits. the fourth, the recent provideent that cms changes for medicare advantage plans. the result of the changes are inevitable. the first will be fewer plans. from 60 to 140 fewer plans and 2014. there are reports of 10,000 cancellation notices in ohio. 50,000 in new jersey. these all represent further the pledge that if you like your health insurance, you can keep it...
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and then my plan was to have to and havemy retirement 30% of that tax, and then taxed again. and just pray that my tenacity would get me there. ,he a and -- the anxiety level i cannot even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. does to you emotionally and psychologically, you feel like hester prynne with you areer a when jobless for very long. you soon become a member of the lost world. people look at you when you do not have a job yet like there is something wrong with you. that is where i have been. >> thank you. [indiscernible] you, madam chair. i have no questions, but i would like to let you all know that it is for a timeframe about three months i was unemployed. this was back many years ago. school -- it was summer break. i mean, i'm used to working. but i could not find a job that summer. the whole summer. i'm sure that your feelings about being unemployed and searching for work and being unable to find anything, you know, the effect that has o
and then my plan was to have to and havemy retirement 30% of that tax, and then taxed again. and just pray that my tenacity would get me there. ,he a and -- the anxiety level i cannot even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. does to you emotionally and psychologically, you feel like hester prynne with you areer a when jobless for very long. you soon become a member...
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Dec 6, 2013
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dodd-frank prohibits the use of tax dollars. useequires that we will and the tools that the law provides. the largest financial companies have already submitted living wills or blueprints for how to unwind firms if they fail. regulators will require firms to rework these plans if they are not credible. if firms are not able to provide a credible plan, regulators can impose remedies, including requiring firms to divest or realign their businesses. -- realtors have ade clear -- and they are continuing to develop strategies and guidance for resolving major institutions with minimum disruption to the financial system. there is still more work to do, particularly to make sure that international rules mess with our own sins, as we know too well, financial crises do not respect national borders. while we will not know how well these tools work for certain until they are tested by a true crisis, several things are clear. dodd-frank ended too big to fail as a matter of law. tough rules are now in place to make sure that banks have the ca
dodd-frank prohibits the use of tax dollars. useequires that we will and the tools that the law provides. the largest financial companies have already submitted living wills or blueprints for how to unwind firms if they fail. regulators will require firms to rework these plans if they are not credible. if firms are not able to provide a credible plan, regulators can impose remedies, including requiring firms to divest or realign their businesses. -- realtors have ade clear -- and they are...
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Dec 10, 2013
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you folks are not as exposed as we are, when you go to areas where they have taken away taxes from our school system, and impact aid is this area. that will stop on december 31. the things that will not stop right then that will be of major concern , i will mention two, and then respond to questions, any major projects curtly under construction will have to stop work. i use an example on the floor. it contains -- the bill contains 136 million for construction of the replacement of the command stratcom in the breast. if this is not authorized, then the work will have to stop. it would have to stop halfway through. 78.take the cbn we have already spent $12 billion on this. if we do not pass this bill, it will have to stop, and you are talking about 4300 shipbuilders out of work. the point is we would be wasting not millions, billions of dollars if we do not do this. he have a good bill here that contains a lot of reservations -- provisions. both speakers have articulated these provisions, and this is the only way to do the bill, to do it this way. i'm talking about -- i commend about the
you folks are not as exposed as we are, when you go to areas where they have taken away taxes from our school system, and impact aid is this area. that will stop on december 31. the things that will not stop right then that will be of major concern , i will mention two, and then respond to questions, any major projects curtly under construction will have to stop work. i use an example on the floor. it contains -- the bill contains 136 million for construction of the replacement of the command...
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Dec 6, 2013
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the economics are telling us the exact same thing you think about the state of florida where now the tax payers have to invest in are already investing huge sums of money to begin to adapt to a changing climate. think about the huge bill, the bills that come due every time we have an extreme weather events whether it is a drought or super storm. i would think that utility industry also sees the writing on the wall if they are looking for that certainty and the more aggressive we are on moving away from the carbon intensive energy generation, the better. >> the gentle ease time is expired. this time recognize the gentleman from west virginia mr. mckinley for five minutes. >> thank you, mr. chairman. chairman lafleur perhaps you can give me some direction on this. we have a growing problem in west virginia with the production of the various constituents with ngl that we can't use this as only the local market. it has to be shipped. currently a lot of it is just wasted which is a shame and doesn't benefit to the consumer and doesn't help the environment any. my question is what i'm hearing
the economics are telling us the exact same thing you think about the state of florida where now the tax payers have to invest in are already investing huge sums of money to begin to adapt to a changing climate. think about the huge bill, the bills that come due every time we have an extreme weather events whether it is a drought or super storm. i would think that utility industry also sees the writing on the wall if they are looking for that certainty and the more aggressive we are on moving...
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Dec 5, 2013
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the payroll tax taxes going in and spending going out as a whole is $300 billion. that's a gaping cash flow deficit. we get 10,000 new beneficiaries every day. in the absence of reforms for people to get the care they need and deserve and do it at a slower cost growth this program will fall under its own financial weight. >> numbers really matter and for the secretary to affirm $500 billion, that is really not chump change in the big picture of healthcare cost. i'm getting comments from constituents in my district who medicare advantage folks benefits are being reduced, they are losing access to their preferred physicians under the current system right now. again, back to doug, my question is how much worse can this get for my seniors who on the for medicare advantage? >> again, if the strategy for controlling cost is this traditional one of just cutting provider reimbursements, it will backfire. we have seen again and again that reproach without reforms and without an approach that gives you the prevention and coordination and better care, congress has to put the
the payroll tax taxes going in and spending going out as a whole is $300 billion. that's a gaping cash flow deficit. we get 10,000 new beneficiaries every day. in the absence of reforms for people to get the care they need and deserve and do it at a slower cost growth this program will fall under its own financial weight. >> numbers really matter and for the secretary to affirm $500 billion, that is really not chump change in the big picture of healthcare cost. i'm getting comments from...
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Dec 5, 2013
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the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am getting comments from constituents in the district who medicare advantage folks now their benefits are being reduced. they are losing access to their preferred physicians. this is under the current system now. my question is how much worse can this get for my seniors who opt out for medicare advantage? again if the strategy for controlling costs is a traditional one of just cutting the provider members and whether its doctors, hospitals, it will backfire. that approach without reform that gives you the prevention and coordination and the better care congress ends up having to put the money back in because you ha
the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am...
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Dec 5, 2013
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we've heard about like highly skilled immigration, integration of highly skilled individuals, corporate tax reform come overseas profits, international trade and simplifying the streamlined regulation for improving the communication and the infrastructure and the sustainable budget and responsible development of american gas and oil reserves as important component of competitiveness worldwide. first i wanted to ask a little bit about do you think that it's possible to develop these reserves responsibly, is that the epa position? >> i believe so. >> tell me a little bit about what you think the approach should be and i want to give you time because i don't feel like -- you get interrupted sometimes when you try to get these answers. what should be the approach to the development of this i would ask you to touch on two things in particular. one is obviously water and supply and quality that the emission of gas including methane which is a super public and and also how you would avoid the double regulation because i understand there's other agencies in the government who may be doing things th
we've heard about like highly skilled immigration, integration of highly skilled individuals, corporate tax reform come overseas profits, international trade and simplifying the streamlined regulation for improving the communication and the infrastructure and the sustainable budget and responsible development of american gas and oil reserves as important component of competitiveness worldwide. first i wanted to ask a little bit about do you think that it's possible to develop these reserves...
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Dec 6, 2013
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but new york state has been through a tax gap, a lot of other budget cuts. and so the things that teachers actually need to do, work together with each other, use the standards as guidelines not as straitjackets, have to return them, that didn't happen. and a couple places it did. in a lot of places it didn't. the big mistake that i think both the federal government made and people like doug king made is the lead with testing. king would save you, i just was sick and tired of telling people what to do and then not doing it. you are the state chief. that's not your job to tell people what to do. your job is to help navigate people through this. so consequently, last year in new york there were in k-12, and elementary schools there were these tests and a lot of people were not prepared. and then john keane and other said was the test results will be 30% less next year, issued anywhere right now. so be prepared. so then the question is how do they actually know the exact number. seven creates huge distrust because you can actually forget what the cuts were for,
but new york state has been through a tax gap, a lot of other budget cuts. and so the things that teachers actually need to do, work together with each other, use the standards as guidelines not as straitjackets, have to return them, that didn't happen. and a couple places it did. in a lot of places it didn't. the big mistake that i think both the federal government made and people like doug king made is the lead with testing. king would save you, i just was sick and tired of telling people...
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Dec 6, 2013
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even though i was a texan and believe in energy, paid 60% of the taxes it was paid in texas, we felt it was very important. we breathe life in the epa by giving them a role in that act. i am sorry now that we did because they acted well then and we were pleased with what they did and even though we were energy oriented, energy people needed some supervision but they needed some help the federal government could give. so they hurt us by overregulation. that is what i was asking you about i guess. acting chairwoman, ferc's strategic plan, 2009-2014 called for safe, reliable and efficient infrastructure development to integrate new resources. are you supportive of ferc, have you been there three weeks? >> i have been here three-1/2 years. i have been in this job two weeks. >> you have done very well and i thank you for the answers you have given but are you supportive of ferc's goal for infrastructure development included in this plan? >> yes i am. >> would you consider changes on this goal? do you have any changes you would make? maybe you haven't had time. the other gentleman might. >
even though i was a texan and believe in energy, paid 60% of the taxes it was paid in texas, we felt it was very important. we breathe life in the epa by giving them a role in that act. i am sorry now that we did because they acted well then and we were pleased with what they did and even though we were energy oriented, energy people needed some supervision but they needed some help the federal government could give. so they hurt us by overregulation. that is what i was asking you about i...
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Dec 5, 2013
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wind power and natural gas offer taxes away to clear all these options. additionally, our domestic of life lost to meet our judges and those of our neighbors. those must be addressed directly. last month we held a hearing on h.r. 3301, the north american energy infrastructure act. adhering ferc was concerned about h.r. 3301 with the effect of the ability to comply with section three and section seven of the natural gas act. i think after initial misread want to emphasize that ferc section three and six of the 40 remain in place. in fact, h.r. 33 to one provides ferc additional authority by eliminating the presidential permit process, creating a regulatory structure within the commission and gives ferc is the ability to approve the import or export a patch of grass across national boundaries but i think we need members of this subcommittee has confidence in ferc's pipeline permitting ability and h.r. 3301 is an example of that. i look forward to discussing all these issues today and thank our witnesses for being here and again, thank my ranking member for
wind power and natural gas offer taxes away to clear all these options. additionally, our domestic of life lost to meet our judges and those of our neighbors. those must be addressed directly. last month we held a hearing on h.r. 3301, the north american energy infrastructure act. adhering ferc was concerned about h.r. 3301 with the effect of the ability to comply with section three and section seven of the natural gas act. i think after initial misread want to emphasize that ferc section three...